O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stake Decreased by E Fund Management Co. Ltd.

E Fund Management Co. Ltd. lowered its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 33.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 829 shares of the specialty retailer's stock after selling 420 shares during the quarter. E Fund Management Co. Ltd.'s holdings in O'Reilly Automotive were worth $983,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORLY. Concurrent Investment Advisors LLC lifted its stake in shares of O'Reilly Automotive by 5.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 547 shares of the specialty retailer's stock worth $630,000 after purchasing an additional 27 shares during the period. Graypoint LLC lifted its stake in shares of O'Reilly Automotive by 7.7% during the 3rd quarter. Graypoint LLC now owns 350 shares of the specialty retailer's stock worth $403,000 after purchasing an additional 25 shares during the period. Kornitzer Capital Management Inc. KS lifted its stake in shares of O'Reilly Automotive by 19.0% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 1,158 shares of the specialty retailer's stock worth $1,334,000 after purchasing an additional 185 shares during the period. Mainstream Capital Management LLC purchased a new position in shares of O'Reilly Automotive during the 3rd quarter worth $896,000. Finally, Fiera Capital Corp lifted its stake in shares of O'Reilly Automotive by 6.9% during the 3rd quarter. Fiera Capital Corp now owns 419 shares of the specialty retailer's stock worth $483,000 after purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 85.00% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ORLY shares. BMO Capital Markets increased their target price on O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Royal Bank of Canada increased their target price on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Barclays increased their target price on O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an "equal weight" rating in a research report on Friday, February 7th. UBS Group increased their target price on O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Finally, Wells Fargo & Company increased their target price on O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, O'Reilly Automotive presently has a consensus rating of "Buy" and a consensus price target of $1,390.81.

Insider Activity

In related news, Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Joseph Merz sold 500 shares of O'Reilly Automotive stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the transaction, the senior vice president now owns 275 shares of the company's stock, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock worth $10,409,618 over the last ninety days. Corporate insiders own 1.55% of the company's stock.

O'Reilly Automotive Stock Down 1.7 %

Shares of O'Reilly Automotive stock traded down $22.52 during trading hours on Tuesday, hitting $1,324.06. 403,380 shares of the company's stock traded hands, compared to its average volume of 350,946. The stock has a 50 day simple moving average of $1,281.29 and a 200-day simple moving average of $1,220.14. The company has a market cap of $75.83 billion, a PE ratio of 32.56, a PEG ratio of 2.34 and a beta of 0.91. O'Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,389.05.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O'Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

About O'Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.